silveranalysis

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andmk2 andmk2 PRO XAGUSD, D, Short ,
XAGUSD: Short Silver
23 0 1
XAGUSD, D Short
Short Silver

Silver has hit it's resistance line of 16.84 and after the non farm payrolls, it has fallen. RSI and MACD are both in a down-trend, and price is also below its 200 EMA. In my opinion, that's a few good reasons to go short.

andmk2 andmk2 PRO XAGUSD, D, Short ,
XAGUSD: Case for shorting Silver
19 0 1
XAGUSD, D Short
Case for shorting Silver

Case for Silver short is high RSI and MACD down and support has become resistance at 16.85

Oz001 Oz001 PRO SILVER, D, Long ,
SILVER: Silver
18 0 1
SILVER, D Long
Silver

I've noticed a key are for silver has now been broken and we are still above the price of 16.800. This coincides with our 61.8% fib re-tracement and we are still creating higher highs. Price is also now above my weekly support zone and I do believe Silver may push through possibly back up to the 17.800 area. We have my weekly resistance at 17.200 which I believe ...

hasan.ahmed2501 hasan.ahmed2501 SILVER, D, Short ,
SILVER: Silver daily short
27 0 0
SILVER, D Short
Silver daily short

Downtrend since July with huge drop in October price is choppy at the moment, maybe nice time to short with the current pullbacks forming on daily and 4hr charts. Maybe price will touch 17.700 then drop again? on the watch list for sure.

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